Michael Jackson’s Ranch Saved by Las Vegas Hilton Owner
Monday, May 19th, 2008
Michael Jackson’s Neverland valley ranch may have been saved by his new employer. The Vegas Eye is reporting that the company that saved the Neverland ranch from foreclosure earlier this year was founded by the man who owns the Hilton Hotel and Casino here in Las Vegas.
Michael Jackson had defaulted in a $23.5 million loan for Neverland. The Vegas Eye says the king of pop has been in talks with the head of the Hilton — although we don’t know what exactly those talks have been about.